Technical Analysis – GBPUSD is smooth below 1.4000; neutral bias
GBPUSD has been developing within a horizontal trajectory over the last two months, surpassing the 20- and 40-day simple moving averages (SMAs), which are ready to create a bullish crossover. The MACD oscillator is endorsing the sideways move, holding in the positive region, while the MACD is pointing up above the 50 level. Immediate resistance […]